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* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of FFWM
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Strong day for First Foundation Inc. stock price on Friday rising 6.02% to $5.81
(Updated on May 03, 2024)

Sell candidate since Apr 24, 2024 Loss -17.59% PDF

The First Foundation Inc. stock price gained 6.02% on the last trading day (Friday, 3rd May 2024), rising from $5.48 to $5.81. During the last trading day the stock fluctuated 3.81% from a day low at $5.65 to a day high of $5.87. The price has been going up and down for this period, and there has been a -14.05% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 396 thousand more shares were traded than the day before. In total, 849 thousand shares were bought and sold for approximately $4.93 million.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -24.39% during the next 3 months and, with a 90% probability hold a price between $4.07 and $5.21 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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FFWM Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, May 01, 2024, and so far it has risen 6.41%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The First Foundation Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $5.85 and $6.79. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for First Foundation Inc. stock

On the downside, the stock finds support just below today's level from accumulated volume at $5.48 and $5.46. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $5.46 may give a huge drop in the stock price.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.215 between high and low, or 3.81%. For the last week, the stock has had daily average volatility of 6.09%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (FFWM) For The Upcoming Trading Day Of Monday 6th

For the upcoming trading day on Monday, 6th we expect First Foundation Inc. to open at $5.78, and during the day (based on 14 day Average True Range), to move between $5.43 and $6.19, which gives a possible trading interval of +/-$0.380 (+/-6.54%) up or down from last closing price. If First Foundation Inc. takes out the full calculated possible swing range there will be an estimated 13.07% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $5.97 (2.75%) than the support at $5.48 (5.68%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is First Foundation Inc. stock A Buy?

First Foundation Inc. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

Current score: -2.077 Sell Candidate Upgraded

Predicted Opening Price for First Foundation Inc. of Monday, May 6, 2024

Fair opening price May 6, 2024 Current price
$5.78 ( 0.602%) $5.81

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for FFWM

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 5.99 3.10 %
R2 5.91 1.68 %
R1 5.86 0.81 %
Current price: 5.81
Support S1 5.69 -2.02 %
S2 5.64 -2.89 %
S3 5.56 -4.30 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 6.90 18.76 %
R2 6.84 17.73 %
R1 5.97 2.75 %
Current price 5.81
Support S1 5.48 -5.68%
S2 5.46 -6.02%
S3 0 .

FFWM Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 23, 2024 May 03, 2024 May 16, 2024 $0.0100 0.172%
2 Jan 25, 2024 Feb 02, 2024 Feb 15, 2024 $0.0100 0.122%
3 Oct 26, 2023 Nov 03, 2023 Nov 16, 2023 $0.0100 0.171%
4 Jul 25, 2023 Aug 04, 2023 Aug 17, 2023 $0.0200 0.270%
5 Aug 04, 2023 May 05, 2023 May 19, 2023 $0.0200 0.503%

FAQ

What is the symbol for First Foundation Inc. Stock and on which exchange is it traded?
The symbol for First Foundation Inc. is FFWM and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell First Foundation Inc. Stock?
First Foundation Inc. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

How to buy First Foundation Inc. Stock?
First Foundation Inc. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy First Foundation Inc. Stock.

What's the current price of First Foundation Inc. Stock?
As of the end of day on the May 03, 2024, the price of an First Foundation Inc. (FFWM) share was $5.81.

What is the 52-week high and low for First Foundation Inc. Stock?
The 52-week high for First Foundation Inc. Stock is $11.47 and the 52-week low is $3.70.

What is the market capitalization of First Foundation Inc. Stock?
As of the May 03, 2024, the market capitalization of First Foundation Inc. is 328.334M.

When is the next earnings date for First Foundation Inc.?
The upcoming earnings date for First Foundation Inc. is Jul 25, 2024.
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About First Foundation Inc.

First Foundation. First Foundation Inc., through its subsidiaries, provides personal banking, business banking, and private wealth management services in the United States. It operates through two segments, Banking and Wealth Management. The company offers a range of bank deposit products, including personal and business checking accounts, savings accounts, interest-bearing negotiable order of withdrawal accounts, money market accounts, and time certificate of dep... FFWM Profile

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